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Veblen's and Commons's contributions are outlined and related to the approaches to economics and political actions over the years of the author. Commons's philosophy and pragmatic contribution to economic and political institutions in order to help create decent living conditions for...
Persistent link: https://www.econbiz.de/10010663301
Besides the common faith in the effect of collective action to change economic institutions and, above all, the distribution of income, the most remarkable similarity between Proudhon's theory and old institutionalism resides in their epistemology. In both cases, we find applications of some...
Persistent link: https://www.econbiz.de/10010602533
pInstitutional economics is often presented by its critics as a tradition in political economy purporting a mechanistic, robot-like, view of the human agent. In this paper this portrayal of institutional economics is rejected and choice is reclaimed for institutionalism. In fact, institutional...
Persistent link: https://www.econbiz.de/10010755508